Phenny Lynn Palec
Writer
The Latest
-
Pakatan Harapan Confirms Collaboration Plans with China
Economic Affairs Minister Mohamed Azmin Ali said that the Pakatan Harapan (PH) government is committed to increase its economic ties with China. He said that China and its local businesses requests for business collaboration with the PH government. 
Economic Affairs Minister Mohamed Azmin Ali said that the Pakatan Harapan (PH) government is committed to increase its economic ties with China. He said that China and its local businesses requests for business collaboration with the PH government. -
China Tightens Grip in Southeast Asia
Chinese investments in its neighbouring Southeast Asian countries show that China is securing its influence in the region. China has been economically collaborating with its neighbours while Western economic giants are turning elsewhere. 
Chinese investments in its neighbouring Southeast Asian countries show that China is securing its influence in the region. China has been economically collaborating with its neighbours while Western economic giants are turning elsewhere. -
Pacific Construction Group Founder Plans to Invest in Malaysia
Yan Jiehe, founder of China’s Pacific Construction Group Ltd (CPCG) planned a 10-year investment amounting to MR10 billion over ten years to develop infrastructures and hi-tech machinery. CPCG is listed in the 96th place in Fortune Global 500 in 2018. 
Yan Jiehe, founder of China’s Pacific Construction Group Ltd (CPCG) planned a 10-year investment amounting to MR10 billion over ten years to develop infrastructures and hi-tech machinery. CPCG is listed in the 96th place in Fortune Global 500 in 2018. -
BMW Makes History in China; Gains Majority Control in Joint Venture
German luxury carmaker BMW recently confirmed that it is paying $4.2 billion in order to gain majority control of its main joint business venture in China. BMW is making history in China as it is one of the first few companies to gain majority control of their venture business in the country. Many observers saw this as a business strategy by China as the country slowly starts to open up its ownership regulations, especially the one concerned with the auto market. 
German luxury carmaker BMW recently confirmed that it is paying $4.2 billion in order to gain majority control of its main joint business venture in China. BMW is making history in China as it is one of the first few companies to gain majority control of their venture business in the country. Many observers saw this as a business strategy by China as the country slowly starts to open up its ownership regulations, especially the one concerned with the auto market. -
India Raises Import Tariffs on Telecoms Equipment
India recently confirmed that the country will raise tariffs on several products including communication and electronic devices. Market analysts saw this decision as the country’s strategy to curb imported products and to boost the rupee which has been in a downturn for quite some time already. 
India recently confirmed that the country will raise tariffs on several products including communication and electronic devices. Market analysts saw this decision as the country’s strategy to curb imported products and to boost the rupee which has been in a downturn for quite some time already. -
Bankruptcy Hits Sears Holdings Corp
Sears Holdings Corp is expected to file for bankruptcy protection in the coming days after the companies recorded sales drop for years. Sears was known to be the world’s largest retailer in its most successful years. 
Sears Holdings Corp is expected to file for bankruptcy protection in the coming days after the companies recorded sales drop for years. Sears was known to be the world’s largest retailer in its most successful years. -
BMW Expands China Facility
BMW Brilliance Automotive Ltd, the carmaker’s key Chinese venture, recently announced that it will build a third plant in Shenyang city located in the province of Liaoning. The announcement was confirmed on China’s cabinet website on Wednesday. The deal was previously discussed during a meeting between Chinese Premier Li Keqiang and BMW Chief Executive Harald Kruger a couple of months ago. 
BMW Brilliance Automotive Ltd, the carmaker’s key Chinese venture, recently announced that it will build a third plant in Shenyang city located in the province of Liaoning. The announcement was confirmed on China’s cabinet website on Wednesday. The deal was previously discussed during a meeting between Chinese Premier Li Keqiang and BMW Chief Executive Harald Kruger a couple of months ago. -
Magnitude 7.0 Earthquake Hits Papua New Guinea
The remote New Britain Island located in Papua New Guinea was recently struck by a powerful earthquake. According to data released by the United State Geological Survey, the earthquake reached a magnitude 7.0 based on the Richter Scale. The report also added that there were no immediate signs of damage. 
The remote New Britain Island located in Papua New Guinea was recently struck by a powerful earthquake. According to data released by the United State Geological Survey, the earthquake reached a magnitude 7.0 based on the Richter Scale. The report also added that there were no immediate signs of damage. -
China Development Bank Green Lights $2 Billion of Angola
President João Lourenço secured a loan amounting to $2 billion from the China Development Bank for infrastructure projects. Angola, just like Nigeria, wants to diversify its economy moving away from oil since the drop of global crude oil price since 2014. 
President João Lourenço secured a loan amounting to $2 billion from the China Development Bank for infrastructure projects. Angola, just like Nigeria, wants to diversify its economy moving away from oil since the drop of global crude oil price since 2014. -
Nanhua Futures Enters London Exchange Bid
Nanhua Futures launched a United Kingdom subsidiary to connect Chinese metal companies with the London Market. Nanhua was reported to submit applications as a member of the world’s oldest metals trading market. 
Nanhua Futures launched a United Kingdom subsidiary to connect Chinese metal companies with the London Market. Nanhua was reported to submit applications as a member of the world’s oldest metals trading market.
